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First BanCorp FBP Compensation and benefits

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$56.04M+22.2%

Segments

By segment

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Consumer Retail Banking$38.81M+9.6%
United States Operations$7.17M-1.4%
Mortgage Banking$6.9M+2.0%
Commercial And Corporate$4.79M-4.1%
Virgin Islands Operations$4.69M+1.9%
Treasury And Investments$1.09M+6.2%

Other financials

Income statement

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Revenue$264.9M+7.3%
Net income$96.2M+19.9%
EPS (diluted)$0.62+24.0%

Balance sheet

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Cash & equivalents$561.3M-23.8%
Total debt$200.0M-37.5%
Total equity$2.0B+7.1%
Total assets$19.2B+1.8%

Cash flow

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Operating cash flow$92.2M-3.4%
CapEx$5.0M+93.1%
Free cash flow$87.2M-6.1%

Valuation

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Market cap$4.44B+34.9%
Enterprise value$4.08B+41.9%
P/E11.9×+1.2×
P/S4.3×+0.9×

Profitability

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Net margin36.2%+4.6pp
FCF margin42.8%+0.6pp

Returns & leverage

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Return on equity19.5%+1.1pp
Debt / equity0.1×-0.1×

Where this comes from

Reported directly by First BanCorp in its filing.

Tagged under the XBRL concept us-gaap:LaborAndRelatedExpense.

The source filing: First BanCorp’s 10-Q, filed August 7, 2026.

Filed
Aug 7, 2026, 12:39 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001057706-26-000023

63,439

Item 6.

FAQ

What is First BanCorp's compensation and benefits?
First BanCorp (FBP) reported compensation and benefits of $63.44M in Q2 2026.
How has First BanCorp's compensation and benefits changed year-over-year?
First BanCorp's compensation and benefits increased by 5.6% year-over-year, from $60.06M to $63.44M.
What is the long-term trend for First BanCorp's compensation and benefits?
Over 4 years (2021 to 2025), First BanCorp's compensation and benefits has grown at a 5.2% compound annual growth rate (CAGR), from $200.46M to $245.15M.
What does compensation and benefits mean?
Total employee-related costs including salaries, wages, bonuses, commissions, stock-based compensation, health insurance, retirement contributions, and payroll taxes.

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